FL All Lines Claims Adjuster Questions and Answers
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FL All Lines Claims Adjuster Questions and Answers
What is an eligible building for flood insurance? {{Correct Ans- A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community
What is Builders Risk Coverage? {{Correct Ans- Covers buildings in the course of completion. Proper coverage is 100% of expected completed value
Do all Homeowners policies contain Coverage A? {{Correct Ans- No, HO-4 (Renters personal property)
What is casual labor in workers' compensation? {{Correct Ans- Labor that is casual, irregular, limited or temporary purpose.
What is the waiting period for worker's compensation disability? {{Correct Ans- 7 days prior to the payment of disability benefits. If a disability lasts more than 21 days, benefits will be paid from the first day of injury.
What are the parties to a surety bond {{Correct Ans- Principle, Obligee, Surety, and Indemnitor
How does a crime policy value money and securities? {{Correct Ans- Money is valued at face value. Securities are valued on the day the loss was discovered.
How is the employee theft coverage written? {{Correct Ans- Scheduled persons coverage, Scheduled position coverage, and blanket coverage
[Solved] FL All Lines Claims Adjuster Questions and Answers
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- Submitted On 11 Mar, 2023 03:21:27
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FL All Lines Claims Adjuster Questions and Answers
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